Important Note!

All units in housing developments issued city building permit by the end of 2031 are counted towards the City’s 2023-2031 RHNA requirements. Therefore, as of April 1, 2025, the City has more than six years to meet this requirement.

Report To HCD Due April 1, 2025

“As shown in Table 1 below, Menlo Park has achieved approximately 35.7% of its total 6th Cycle RHNA. At the end of 2024, the income category with the highest percentage of units receiving a building permit was the above moderate level, with approximately 55.9% complete, and the income category with the lowest percentage of permitted units was the very low income affordability level with approximately 15.9% complete. The City will continue to focus on Housing Element programs intended to support existing households and housing units, while also increasing housing production to meet its (total) requirement of 2,946 units, including 1,662 units of affordable housing across different income categories, through 2031.”

(Source: Community Development Report, Agenda Item D-3, March 5, 2025)

Additional Perspectives

• The production of market-rate housing production is excellent.
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• The production rate of low and moderate affordable housing is acceptable.
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• The production of very low income affordable housing is alarmingly slow.

San Mateo County Affordable Income Categories

Note: In 2023, the median household income of the 11.6k households in Menlo Park, CA grew to $206,588 from the previous year’s value of $198,273.